Answer:
Answer is Mild difference.
Explanation:
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Answer:
Employment of low wage workers will decrease and which in turn increase the unemployment.
Explanation:
Perfectly competitive labor market, is the one which is described as the composite of many firms or companies that are in the competition for the workers. The firms will not be in power to set the wages for the workers, the market also determines the competitive wage.
But if this is a low wage labor and on that the government establish or form the minimum wage then it will result in the employment of the low wage workers will decrease and the consequence of which is increase in the unemployment.
Note: Options are missing so providing the direct answer
Answer:
b.$995,000
Explanation:
Jensen Company
Direct materials used $345,000
Direct labor incurred 250,000
Factory overhead incurred 400,000
Product cost $995,000
Therefore Jensen Company's product costs is $995,000
Direct materials used $345,000 + Direct labor incurred 250,000 +Factory overhead incurred 400,000 =$995,000
Answer:
The resulting rise in unemployment is mostly a rise in __cyclical____ unemployment because it is related to the state of the economy.
Explanation:
Frictional unemployment occurs as a result of workers' search for or transition to new jobs. It is brief and does not leave a mark on the economy. Structural unemployment comes about when the skills of workers do not match the requirements of employers. Therefore, workers require retraining and reskilling. Cyclical unemployment relates to the macro-economic situation that is prevailing during periods of recession.
<span>A
global marketing strategy refers to a marketing strategy used by a firm or a
company to be able to compete worldwide. This is used to promote or market its
products or services worldwide. This strategy is taken in response to the
different international trading aspects and global market conditions. </span>